Treads Tyres & Autos Exeter Ltd

Key Facts

Net Assets

Current: £29,486

Previous: £70,544

Change: -41,058 (-58.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £72,548

Previous: £77,505

Change: -£4,957 (-6.4%)

Comment: Current assets decreased slightly.

Cash

Current: £5,321

Previous: £23,278

Change: -£17,957 (-77.1%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £148,372

Previous: £167,138

Change: -£18,766 (-11.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £75,824

Previous: £89,633

Change: -£13,809 (-15.4%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £42,357

Previous: £21,654

Change: +£20,703 (+95.6%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.